SAN FRANCISCO, July 1, 2015 /PRNewswire-USNewswire/ -- The CPA Political Action Committee of the California Society of CPAs (CalCPA CPA-PAC) held its first-ever fundraising breakfast June 26 to support candidates for state offices based on their ability to make a difference for California CPAs and businesses.
The event featured California Lt. Gov. Gavin Newsom as the keynote speaker. Newsom shared his thoughts about the role of the CPA profession, the political and evolving business climate in California, and what he sees for the future of California. Given the demands placed on businesses today, including regulations, public pressure and shareholder demands, Newsom believes CPAs are the trusted advisers who can help companies through these challenging times.
"What makes California great is the ability to live together, advance together and prosper together," said Newsom.
"It's mission-critical that we have policy-makers who understand the true role and value accountants serve in the business community, whether the CPAs are in public practice, government, education or operating within a business," said Loretta Doon, CalCPA CEO. "The CPA-PAC supports officials who understand that role so they can enter the legislative process fully informed on matters that impact — or are impacted by — our profession."
The CPA-PAC is a voluntary association of CalCPA members who share political objectives and pool their resources to increase the impact of their contributions to public policy leaders — regardless of political affiliation — who support the CPA profession and businesses. CPA-PAC is not affiliated with any political party or other accounting or professional association.
Headquartered in San Mateo, California, the California Society of Certified Public Accountants (CalCPA) (calcpa.org) is the nation's largest state accounting organization and the largest CPA association in California. It serves more than 42,000 members in public practice, private industry, education and government. Through CalCPA Institute, a 501(c)(3) nonprofit, CalCPA members provide financial literacy programs to high schools and community groups.
SOURCE California Society of CPAs